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Arauco North America will invest $30 million to grow the particleboard and thermally fused laminate (TFL) capacity at its mill in Bennettsville, SC. The new technology is expected to be in place by the fourth quarter.

Poplar’s run of strong domestic and export demand will continue for the foreseeable future. Domestically, Poplar will remain one of the strongest selling species to millwork, moulding and furniture manufacturers.

Timber investment firm Timbervest LLC has sold more than 10,000 acres of timberland assets in Florida, South Carolina and Vermont from its fund. The combined value of the three transactions totals more than $14.2 million.

Learn the ins and outs of veneer selection, and how to communicate specifications to get you the patterns and qualities that are right for your projects. This free webcast - 3 Steps to Better Veneer Utilization - goes live February 19, 1:00 p.m. CT.

Despite an opposition group's claim to the contrary, a "green light" has been given to the proposed Hardwood Checkoff program for further review by the U.S. Department of Agriculture, says the committee sponsoring the initiative.